The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 0.001912000 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.001856000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001918000 |
| Next High | 0.001912000 |
| Current Price | 0.001925000 |
| Next Low | 0.001856000 |
| 2nd Low | 0.001813000 |
| 3rd Low | 0.001761000 |
0.001912000 – 0.001881000 – 0.001853000 – 0.001856000 – 0.001813000 – 0.001761000 — 56.777554009985 – 66.575305436091
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –